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Politics : Don't Blame Me, I Voted For Kerry -- Ignore unavailable to you. Want to Upgrade?

To: Alan Smithee who wrote (24939)5/23/2004 5:48:58 PM
From: tontoRespond to of 81568
 
Why promote tax increases when they have not looked at what we can do to lower costs? Money managers they are not...



To: Alan Smithee who wrote (24939)5/23/2004 5:50:16 PM
From: bentwayRead Replies (2) | Respond to of 81568
 
In a progressive tax, the more you earn, the higher your tax rate as a fraction of your income.
In a regressive tax, the less you earn, the higher your tax rate as a fraction of your income.
Progressive taxes soak the rich, regressive taxes soak the poor.


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